The Nexus 4 may be getting slightly long in the tooth now as it approaches its first birthday, but it’s still pretty powerful and boasting the very latest version of Android with continued prompt updates from Google. Our own Neil Thomas loved it when he reviewed it earlier this year, and now the phone – which was already mindblowingly cheap at launch – has received a price cut on Google’s Play Store, presumably in preparation for the impending release of its successor. The 8GB model, previously £239, is now just £159, and the 16GB variant, formerly £279, is now just £199. While neither variant sports LTE connectivity, there is absolutely no question that the best mid-market Android phone you could buy is now the best cheap Android phone the world has ever seen. Providing you’re willing to accept that there’s a new one pretty much right around the corner (and let’s face it, if that’s beyond you then you should avoid technology at all costs) then, like me, you’ll be sorely tempted.

It may well end up just being a couple of hours of Sundar Pichai eating breakfast, but the Chrome and Android head has promised some exciting announcements from both camps today, and the rumour mill points towards a new Nexus 7, a Chrome-powered dongle for your telly and possibly some new Chromebooks and Android 4.3 news. Whatever happens, you can catch it all in the stream embedded above from 5pm BST/12pm Eastern/9am Pacific.

After numerous leaks including one from retailer Best Buy that allowed customers to begin placing orders prior to launch, Google and Asus today unveiled the latest version of their Nexus 7 tablet. Serving as an identically named successor to the device that was released at Google I/O last year, the new Nexus 7 boasts upgraded hardware and the addition of a 5MP rear camera while maintaining the popular form factor of its predecessor. A 7″ 1920 x 1200 IPS display is powered by a quad core Snapdragon S4 Pro processor (APQ8064) clocked at 1.5GHz. Coupled with 2GB of RAM and either 16 or 32GB of internal non-expandable storage depending on your SKU, stark similarities can be seen with the new 7″ tablet and its smaller sibling, the Nexus 4. The tablet is set to hit store shelves next Tuesday, and price points will lie slightly higher than before, starting at $229.99 for 16GB and extending to $269.99 for 32GB.

After it failed to make an appearance at Google I/O in May, rampant speculation ensued surrounding Asus and Google’s inevitable launch of the successor to the Nexus 7. When Google sent out invitations this morning for an event next Wednesday to be hosted by Chrome and now Android chief Sundar Pichai, many concluded that the Moto X, Android 4.3 and this mystery tablet would turn up, and this has been all but confirmed by Android Central obtaining many pictures and a video of the miniature tablet. Rumours point towards a quad-core Qualcomm processor, a higher resolution display, rear camera and up to 4GB of RAM, all while retaining a price point similar to that of the original, clocking in on retailer databases as $229 and $269 for 16 and 32GB variants.